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Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:52
Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by
2023-05-31 10:49
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:46
Veteran Trader Sees China Assets Hobbled for Three More Years
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
2023-05-31 10:26
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the
2023-05-31 10:21
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:19
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:19
JPMorgan China CEO Says Expansion Taking Longer Than Expected
JPMorgan China CEO Says Expansion Taking Longer Than Expected
JPMorgan Chase & Co.’s China head said its expansion in the country is taking longer than expected, as
2023-05-31 09:58
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in
2023-05-31 09:56
Debt Deal Clears Crucial Hurdle, Setting Up Wednesday House Vote
Debt Deal Clears Crucial Hurdle, Setting Up Wednesday House Vote
The debt-limit deal struck by the White House and House Republican leadership has cleared a crucial early hurdle
2023-05-31 09:19
Japan’s Factory Output Drops in Weak Start to Second Quarter
Japan’s Factory Output Drops in Weak Start to Second Quarter
Japan’s factory output unexpectedly declined for the first time in three months in April amid a global slowdown,
2023-05-31 09:18
PwC Barred From All New RBA Contracts Until Scandal Clears
PwC Barred From All New RBA Contracts Until Scandal Clears
Reserve Bank of Australia Governor Philip Lowe said he’s “appalled” by the tax scandal that’s engulfed PricewaterhouseCoopers and
2023-05-31 08:55
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